Blender keeps Crashing on Chromebook
The slow processor will just cause blender to take longer to do things. It is more likely that the 2 or 4GB of RAM that most chromebooks have that would be the limiting factor, or opengl support.

You could try deleting (or moving temporarily) the addons folder, to see if the ram used by loading the addons helps.

If you start blender from a terminal you should see some indication of why it is crashing which might help.

To alter the resources needed to run blender you will need to compile a version yourself, there are some opengl options that may help, but in general I don't think there you will get any benefits if it can't startup, unless the issue is missing or incorrect library versions.